At the opening of the Asian stock market, the stock price of Standard Chartered Group soared again!

The opening of the market jumps!

In just one hour, the trading volume reached 100 million shares, and the share price of Standard Chartered Group rose from HK$79 per share to HK$82 per share!!

That's a whopping 3.7%!

In the 5-minute chart, many white candles have been pulled up one after another!

The stock price is too strong!

Today, the market capitalization of Standard Chartered has risen from $92 billion to $95 billion!

As long as the share price of Standard Chartered Group breaks through to more than 86 Hong Kong dollars per share, then the market value of Standard Chartered Group will break through the $100 billion mark!

But at the moment, I have suffered a sell-off, after all, the higher the stock price, many people will close their positions when they make profits!

As a result, Standard Chartered's share price has encountered resistance and has been hovering around HK$82 per share!

And most of the shareholders and investment institutions across Asia have been like chicken blood, and if they don't push the stock price of Standard Chartered Group above 86 Hong Kong dollars per share, it seems that they will stop!

The account managers of major securities companies frantically called customers to promote Standard Chartered Group stocks, and shareholders couldn't stop the medicine!

"Buy!!"

"Buy!!buy!!buy 5,000 shares!!"

"Buy 10,000 shares !!"

"Now 82 Hong Kong dollars per share is still low!"

"Buy!!Don't hesitate!"

"As many as we sell, we will take as many as we want!!buy!!"

···

In the vicinity of HK$82 per share, the support of Standard Chartered Group's share price is very strong!

After the stock price of Standard Chartered Group continued to fluctuate for half an hour, it skyrocketed again!

From HK$82 per share to a new high!

In the 5-minute chart, a long white candlestick appeared!

···

The skyrocketing share price of Standard Chartered Group has made the bulls in the market carnival!!

After the end of the morning session. Standard Chartered Group's share price has broken through HK$85 per share!!

It is only one Hong Kong dollar short of HK$86 per share!!!

At present, the stock price of Standard Chartered Group is at 85.01!

The market capitalization of Standard Chartered Group has reached US$98.7 billion (HK$765 billion)!!

Only $1.3 billion is shy of breaking the $100 billion mark!!

··

Suddenly, the major media in Asia began to preach!!

Singapore's Lianhe Zaobao: "Standard Chartered Group's share price soared again, and in just one morning, Standard Chartered Group's share price soared from HK$79 per share to HK$85 per share, an increase of up to 7.5%!!"

ATV News: "Continuing to repeat the statement that the market value of Standard Chartered Group's 100 billion US dollars is just the starting point!"

Dongying Kyodo News Agency: "Standard Chartered Group's share price soared to HK$85 per share, leading the Asian stock market to strength!!"

Interfax: "Standard Chartered Bank Group's market value has reached a new high!!Maybe the market value of $100 billion is still undervalued!"

Guanghua Daily: "The market value of Standard Chartered Group, the overlord of the new bank, is close to 100 billion US dollars!"

Malaysia's national news agency: "Standard Chartered's share price is about to break through the sky! Or within a few months, the market value of Standard Chartered Group will soar to $150 billion!"

Gui Jiaming, an analyst at HSBC: "Today's sharp rise in the stock price of Standard Chartered Group is a verification of my view yesterday! The market value of $100 billion may still be underestimated!"

Bank of America analyst Drake: "Standard Chartered shares are very strong and the bull market is kicking in!!

Chen Hui watched with satisfaction, and now he owns 51% of the Standard Chartered Group, which is worth more than $50 billion!!

·……

At this time, there was suddenly negative news about Standard Chartered Group!

According to a recent report by CNN, a key piece of software in Standard Chartered's anti-money laundering monitoring program was exposed to a vulnerability. Two sources said the bank spent a lot of time sifting through evidence of possible money laundering or other criminal activity due to the mountain of data.

Standard Chartered Bank, which had just announced a date for its earnings report, is now facing a new issue and will once again be scrutinized by the New York Financial Services Authority.

Standard Chartered installed the transaction monitoring software system, which it claims to flag suspicious transactions and allows the bank's compliance officers to identify signs of criminal activity and report them to regulators. Clearly, this so-called "detection programme" that flagged suspicious transactions did not properly report unusual transaction activity.

While many of the surveillance systems have been problematic in their detection schemes, sources point out that the Standard Chartered error persisted for several years and that the root cause was that the bank did not conduct the relevant tests. "Nobody knows [the truth], people think it passed the test. So far, no one has been fired or punished for this, the sources said.

Standard Chartered allegedly has about 2 million transactions settled in US dollars each month, and examining these transactions would be "a huge undertaking" that could take months.

Standard Chartered has been involved in money laundering scandals before. In 2013, the New York Financial Services Authority monitored Standard Chartered Bank and discovered vulnerabilities in the British bank's anti-money laundering network. The New York Financial Services Authority and the U.S. federal authorities took separate actions against Standard Chartered Bank and for violating U.S. sanctions and prohibitions and covertly conducting transactions involving Iran.

A few months ago, Standard Chartered was fined $667 million.

The outcome of Standard Chartered's review of incomplete transactions will affect the severity of the penalties imposed by the New York Financial Services Authority, and more proceeds of crime will flow into the bank, meaning it will face higher penalties.

However, Standard Chartered Bank reportedly claimed to have corrected most of its detection plans and is working to address the remaining issues, with plans to introduce a new transaction monitoring system next month.

However, according to people familiar with the matter, Standard Chartered Bank's failure to flag high-risk transactions to avoid scrutiny has attracted the attention of New York banking regulators, and the incident is currently under investigation, and Standard Chartered may face a huge fine of $100 million to $340 million again.

Chen Hui looked at this scene, his expression was very angry, Jimmy also told him yesterday that Standard Chartered Group would be re-investigated for money laundering, but he didn't expect it to come today.

Goldman Sachs Group, Citigroup, and 'Mogeng' Chase Bank are all doing it together!!

Chen Hui also plans to take revenge on these guys, and the courtesy is still exchanged!

It must be led by Goldman Sachs!

·

In the afternoon, the afternoon session of the Asian stock market opened, and the stock price of Standard Chartered Group suffered a crazy sell-off!

In just one hour, Standard Chartered's share price fell from HK$85 per share to HK$82 per share!

Standard Chartered shares fell as much as 3.5%

Standard Chartered's market capitalization of $98.7 billion shrank to $95.2 billion, a full $3.5 billion less!

But Standard Chartered's share price fluctuated for a while and fell again!

An hour later, it fell to HK$80 per share again!

Standard Chartered's market capitalization shrank to $93 billion!

In just two hours, the market value of Standard Chartered Group has lost $5.7 billion!

Soon, the major financial media and large financial institutions in Asia came out to refute the rumors, and everyone made all kinds of reasonable and well-founded justifications for the re-investigation of the Standard Chartered Group for money laundering!

··

Soon, Standard Chartered's share price was supported in the area around HK$80 per share!

Half an hour later, the rally rose to HK$81 per share, but it was quickly suppressed again.

After another half an hour, the share price of Standard Chartered Group fell again to around HK$80 per share!

But it was immediately supported!

At the end of the day, Standard Chartered's share price was above HK$80 per share!

Standard Chartered has a market capitalization of about $93 billion!

The good news brought by Standard Chartered Group and Prudential Group last night was offset by the negative news about the money laundering of Standard Chartered Group brought by Noon today!

Standard Chartered's stock price is soaring today, and there is a doji in the daily chart with a long tail dragging above!

Apparently the sell-off was very strong!